West Virginia argus. [volume] (Kingwood, W. Va.) 1877-1946, 1887-04-28
rHR WESTERN BOOM.
et' Joseph, Mo-, SIN Leading All Coupeti.
torsin Teal Estate Deals aud the CO al.
eltlOn Of - han nfln EnInrnrIaea

o'' Joseph, Mo-, Still Leading All Competi.
'orsin * cal Estate Deals aud the AcauI.
eihon OF Substantial Enterprises.
Tho most noticeable real estate activity
continues 70 prevail at Sc. joseph. Mo
says a correspondent OF an Eastern paper
Facking houses and other industrial en-.
terprises, among them the Louisiana To
Dacco Works, are going in at n lively
rate; ono OF the chief evidences OF the
growth OF the city being the granting of a
franchise 10 syndicate OF Kansas City
capitalists for the construction Of an ar.
tensiye system Of cable lines, 70 be com.
menced nc once, and TO cost $500 900
The best evidence, however, is in the show.
ing OF actual transactions closed In ono week
recently: w. A. T. Mcdonald bought 90
lots IN Eastern Extension for $4,000. He
sold 81 OF them for slo,70o, and sold
the balance at an advance Of $40 per foot
In cost Sam Nave and J. s. Britton
bought lot in Patee's addition for
tTO00 and sold for 5000 in four days
w II. Constable bought lot 2, block "a.
-. Joseph Extension for $500, and sold
Tor $3.50 j.. =. Blackwilder, OF CHICAGO
bought eighty feet, southeast corner OF
third and Syivanie, for $4,000, and has
been offered nearly double that for it and
refused it. J. NJ. Hill paid $1,000 for
northeast corner Of Second and Francis.
anu has since refused $4,000 C. w. Brown
bought two lots on st. Joseph avenue for ST.
wv and sold in six days for $1,000 John
Kelly bought two lots in Eastern Extension ;
ne paid 5000; in thirty days he sold for 5000;
u has since been resold for 81 200
y r. Tyler bought lot in Eastern Ex-
tension for $l25 and sold to Hubbard for
SS5OO; who has since been offered 800. l.
II. Carter bought lot in January in KEN
pers addition for &7O0 In three DAYS
after he was offered 81 900, and since tbon
1900. He bought four lots in Robidoux
addition Tor $4,000; sold for $1,000, and
ms purchaser sold for $1,000. Mrs N.
Nj. Brewster bought three lots for $500
and sold for $l,lO in three days and in
Tour days they were rusold for 81 400 d.
U. Griswold bought six lots i'm East st
Joseph a7. for 500 and sold tho next day
Tor 800; also three others for $500
and resold in three weeks for 81 900,
One OF the publishers of Hoyes Direc-
tory, speaking OF the Western cities and the
prevailing boom, writes rs follows of st
Joseph, where he has just issued the Di-
IecUory LOT 1887 " Not only has ST. Joseph
increased in population ut a most satisfac-
tory rate, there being an increase in ono
year OF ., S46, while the total population in
round numbers is shown TO be x, 600; but
ehe mas undergone a spirited revival that
augurs the outstripping of all competition
len years ago the city had scarcely n dozen
manufacturers, whereas the year 'S7 finds
her with some 10 of all kinds, with thirteen
railroads, the largest stockyards west OF
Chicago, some thirteen miles OF streets.
paved with asphaltum and as many miles
more under contract, with the electric motor
soon TO be in operation on two of the car
lines, and the cable line an assured fact, and
new enterprises springng up daily on every
hand. The demand for real estate has
been steady and active. For the past year
81 Joseph has led almost continually tie
other cities OF the United States in bank
clearances, the per cent OF Increase over
1880 reaching in one case l4O.7, and up to
date maintaining an average of almost 100.
Down to Dec. 81, 1886, St. Josephs Job
b6lng houses did business of $llO, $50
700, showing an increase in the business OF
1885 over that Of 1865 OF $23, III OPS A
lair indication OF the increasing business
may be sought in the fact that St Joseph
now employs a force of commercial travellers
numbering lob men"
st. Joseph, more than any other West
ern town, offers the best inducements TO
men of small capital TO commence a manu-
featuring business, and to mechanics and
laborers to find employment and build do
sirable homes